$499,000
0.92 Acres
Land
Terri Reynolds, Listing Office: West & Woodall Real Estate - S
Is Semora, NC a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since September 2023
Since last year, Semora has remained a Seller's Market.
Key Takeaway
Semora is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Semora, NC
How much do homes in Semora, NC cost?
Median Sold Price
$760,000
$334/sqft
Based on all homes sold in the last 12 months.
Difference Since September 2023
+$48,000(+6.7%)
Key Takeaway
Homes in Semora have sold for 6.7% more than they did a year ago.
Summary: The median home sold price in Semora was $760,000 in September 2024, up 6.7% from last year, and the median price per square foot was $334.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | $535K | N/A |
| 2 Bedrooms | $670K | $629.5K | -6.0% |
| 3 Bedrooms | $731K | $795K | +8.8% |
| 4 Bedrooms | $1.4M | $795K | -44.5% |
| 5+ Bedrooms | - | $1.8M | N/A |
Summary: Semora housing prices by bedroom type for September 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 6%, 3 bedroom homes increased by 8.8%, 4 bedroom homes decreased by 44.5%, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Milton Township | $297.5K | $542.5K | +82.4% |
| Cunningham Township | $670K | $762.5K | +13.8% |
| Semora | $712K | $760K | +6.7% |
Housing Supply in Semora, NC
How many homes are available in Semora, NC?
Number of Homes For Sale
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 9 | 8 | -11.1% |
Summary: The Semora real estate market had 8 homes for sale in September 2024, a 11.1% decrease compared to August 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 2 | 2 | 0.0% |
| 3 Bedrooms | 5 | 5 | 0.0% |
| 4 Bedrooms | 2 | 1 | -50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Semora housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes decreased by 50%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Aug 2024 | Sep 2024 | CHANGE |
|---|---|---|
| 2 | 2 | 0.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Semora, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 2 homes were sold or pending in Semora in September 2024, the same as the previous month. Of the 2 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Semora, NC
How long does it take to sell a home in Semora, NC?
Average Sale Time
| Sep 2023 | Sep 2024 | CHANGE |
|---|---|---|
| 171 Days | 25 Days | -85.4% |
Summary: Homes in Semora had an average of 25 days on market in Sep 2024, down by 85.4% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
1 Home Was Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Semora are selling fast, if you're buying plan to act quickly.
Summary: During September 2024, 2 homes were sold in Semora; 50% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Copyright © 2024 Doorify MLS of North Carolina. All rights reserved. Listings marked with a Doorify MLS icon are provided courtesy of the Doorify MLS, of North Carolina, Internet Data Exchange Database. Brokers make an effort to deliver accurate information, but buyers should independently verify any information on which they will rely in a transaction. The listing broker shall not be responsible for any typographical errors, misinformation, or misprints, and they shall be held totally harmless from any damages arising from reliance upon this data. This data is provided exclusively for consumers’ personal, non-commercial use.